Lydall acquires Texel

July 12th, 2016

In a press release issued last Friday, Manchester, Conn.-based Lydall Inc. announced that it has acquired Texel, a Canadian nonwoven geotextile company. The release said that Texel, a division of ADS Inc., was purchased for approximately $96 million in cash. The release stated: “The transaction strengthens Lydall’s position as an industry-leading, global provider of filtration […]

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